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WAITING FOR HOME PRICES TO FALL MAY NOT BE A GOOD IDEA FOR BUYERS
The housing market is slowing with sales declining and home prices softening. Home sales in California dropped 31.1% year- over-year in July 2022 and last month was the third consecutive month with sales falling more than 10% from a year ago. P...
U.S. CITIES WHERE HOME PRICES ARE FALLING FAST
Given rising mortgage rates that spiked to their highest levels since the 2008 housing crisis and fears of a recession, the real estate market has been preparing for a slowdown. Many experts are cautioning sellers to say goodbye to the pandemic...
U.S. HOMEBUYERS CONTINUE TO FLOCK TO CLIMATE RISKY AREAS
Despite intensifying natural disasters U.S. homebuyers have paid a premium for high-fire-risk and high-flood-risk homes during and after the pandemic. This comes as more people have moved into than out of climate-risky areas in recent years, in...
U.S. HOME BUILDER SENTIMENT PLUNGE TO LOWEST LEVEL SINCE MAY 2020
U.S. home builder sentiment plummeted in July to its lowest level since the early months of the coronavirus pandemic, as high inflation and the steepest borrowing costs in more than a decade brought customer traffic to a near standstill. At ...